Flex Property with Shop
15547 BROWNSFERRY ROAD, Athens, AL 35611
For Sale
$199,900
Commercial Sale, ATHENS, AL
Property Size3,100 SF
Lot Size0.50 Acres
Price / SF$64.48
Days on Market16
Property Features for 15547 BROWNSFERRY ROAD
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Parking
Directions
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Property Use
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Innovative Realty Solutions
(256) 230-5950
Listed By:
Vance Dutton · License AL #128312
(256) 614-5308
Added: Oct 27
Changed: Nov 2
Last Checked: Nov 11 at 8:06PM
MLS# 21932672
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,100-square-foot flex property sits on 0.5 acres and includes two shop areas, each measuring 37' x 30', with roll-up garage doors. Separate office space and two bathrooms support a mix of shop and administrative functions. The building was constructed in 1998, with block and concrete construction, central heating and air conditioning, and carpet, vinyl, and concrete flooring.
The property is in Limestone County, outside city zoning restrictions, and is approximately 15 minutes from Buc-ee's with access to I-65.
The property is in Limestone County, outside city zoning restrictions, and is approximately 15 minutes from Buc-ee's with access to I-65.
Key Highlights
- Two 37' x 30' shop areas with roll‑up garage doors
- 3,100 square feet on 0.5 acres
- Separate office areas and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,775
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,500
$335.5K
Cap Rate 7%
$239,643
$239.6K
Cap Rate 9%
$186,389
$186.4K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$27.9K $9.00/SF
− Vacancy
−$2.1K −$0.68/SF
EGI
$25.8K $8.33/SF
− OpEx
−$9.0K −$2.91/SF
NOI
$16.8K $5.41/SF
Area
Limestone County, AL
Vacancy
7.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,500
Cap Rate 7%
$239,643
Cap Rate 9%
$186,389
Alternative Uses
Best Use
Flex RnD
$239.6K
$209.7K – $279.6K
NOI $16,775 @ 7.0% cap · market cap 8.39%
Second Best
Warehouse
$222.7K
$194.8K – $259.8K
NOI $15,587 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$807.2K
$706.3K – $941.8K
NOI $56,507 @ 7.0% cap · market cap 28.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35611, AL
27,168
Population
13,709
Households
2
Avg Household Size
41
Median Age
22%
College-Educated
81%
High-School Grad
115.1 sq mi
ZIP Area
236
Density / Sq Mi
$54,606
Median Household Income
$38,872
Median Earnings
$796
Median Rent
$201,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two shop areas, office space, and bathrooms provide a flexible work setting outside city zoning restrictions.
Where is this flex space located?
The property is located at 15547 BROWNSFERRY ROAD Athens, AL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two 37' x 30' shop areas with roll‑up garage doors; 3,100 square feet on 0.5 acres; Separate office areas and two bathrooms
